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FOX News
Sep 26, 2012 3:00am PDT
. it is five yards short. steve doocy here. >> brian: it makes me think of steve . it is so easy. favorite. favorite child. >> steve: favorite child and lawyer . >> "fox and friends" starts right now. >> gretchen: really. good morning, everyone. today is wednesday, you made it to the middle of the week. i am gretchen carlson, thanks for sharing your time. the president comes out strong for free speech. >> as president of our country and commander-in-chief of our military i accept that people will call me awful things every day. and i will always defend their right to do so. >> gretchen: because he has to deal with it. we'll explain. >> steve: new outrage over the attacks in the middle east. the white house blames the movie. but this time powerful members of congress are fighting back. we'll tell you who. >> brian: a bad call in seattle. what kind of call that got them fired from linger football? details on that . offers are rolling in and talks and commissioner is directly involved. "fox and friends", starts right now. ♪ "fox and friends". it is finally here. ahmadinejad gets to speak t
CNBC
Sep 28, 2012 3:00pm EDT
tim cook about the new map app disaster. would steve jobs have done that? we'll look at that coming up. >>> then, if a body is found buried in your front yard, will you move out? maybe not if it's the long lost body of jimmy hoffa. could make that home a landmark. that and more coming up on the "closing bell." stay with us. >>> certainly it was a solid third quarter for the stock market, but then you look at energy prices and how they fared. that's a different story. >> yeah, you know, if you look at oil prices here, crude prices are still down today, but what a quarter it has been. all the worries about the tensions between iran and israel with those iran sanctions going into effect at the beginning of this quarter also helping to boost. the big story this quarter, and certainly today, has been gasoline. despite the fact that normally we see prices starting to come down during this quarter, they have actually ratcheted up the best quarter we've seen in years. today we had a huge explosive short move at the end of the day, maria, that really, really punctuated the problems we're seeing
CNBC
Sep 28, 2012 4:00am EDT
steve sedgwick following the story in thmadrid, but firs out to stefane in paris. it sounds like there will be a contrast with the spanish budget. it's tax hikes that seem to be the focus. >> in france it will be focus on tax hikes. that's the decision about to be announced by the french government. basically 20 billion euros in additional taxes in the budget for the next year. and only 10 billion euros in spending cuts. that's the plan to reach the deficit target. that's the best case scenario because the budget is based on a growth assumption of 0.8% which seems to be far too optimistic. plenty of private economists believe the french economy won't grow more than 0.3% next year. in that case, the government will need to find an additional 5 feweuro of spending cuts on t of what will be announced today. the budget will include one very symbolic measure, new tax rate of 75% for people earning more than 1 million euros per year. it will be implemented only on around 2,000 people and it will raise only 200 million euros. so that's a symbolic measure that the prime minister has been
CNBC
Sep 28, 2012 2:00pm EDT
sorry. but why? would steve jobs have done it this way, mandy? >> that's a very good question. with the minus signs still on the board, folks, stocks well off their lows. dow was down as many as 118 points earlier, and despite today's remaining losses it's still on track for its eighth monthly gain out of nine so far this year. the s & p 500 is also about to conclude a high september and third quarter but it is limping to the finish. right now on track for its sixth loss in seven sessions and eight down days out of the past ten. here's some more stats. nasdaq also down today but it is on pace to chalk up the biggest third quarter gain of the major averages, up about 6.5% over the past three months. i'll take that any day. let's turn it over to bob and rick on these markets. bob, i'm going to get out to you first of all. so much for d cumming, right? we did it again yesterday mir reporting when we got those results from spain. are markets smooth to off their lows? >> recapitalization about in line with expectations. i think more importantly a lot of people are straight the four
CNBC
Sep 27, 2012 12:00pm EDT
economics reporter steve liesman joins us to break it all down. durable goods, orderer were awful, horrendous, jobless claims improved, though. >> you know, i have a theory, michelle. and i think these guys to my left and on the screen over there are waiting for more specific signals from me and the economic data before they figure out -- if you think about the five down days we've had, it's down like 1.9. it's essentially a sideways move. up 46, you said highs of the day. i don't think anybody here is jumping out of the chair. that's because the signals are really mixed. take a look at the data. the gdp with durable goods down 13%. don't get too excited about that. a lot of that was aircraft orders. second quarter gdp down by 14%. midwest manufacturering, claims, though, went down 26,000 and the payroll revisions, that's through march of 2012. up by 386,000. so a little stronger employment in our rearview mirror and current. so the jobs are doing okay, i guess, is the best way to say. where gdp is weak -- >> hold on one second. can we bring up this interday chart? something has j
CNBC
Sep 27, 2012 4:00am EDT
quite a bit of time on the iberian peninsula. >> at least steve is. we've sent him down there to cover the situation on the ground and the's remarkable because we knew heading into the budget today that we might get some unrest, but i think it survived everyone how soon it began and the scale to which it has spread. speaking of which, protesters gathering in madrid raised their call for the spanish government to resign. demonstrators again clashed with police, which left 64 injured and led to 38 arrests. prime minister rajoy's reforms have proved deeply unpopular. out to steve sedgwick now who is following the story. steve, are we expecting the intensity of the protests to increase? >> i don't think we are. they've made their point in some cases violently. this is another protest scheduled for saturday evening. just have a look at what's going on in the sxaexact area. this is the neptune fountain, this is the heart of the madrid heart and we have the five star hotel that kelly i'm sure you've stayed at many a times. and this is the area which leads up to the congress, to the parliament
FOX News
Sep 26, 2012 3:00pm PDT
. discovery channel "dirty jobs" host. steve hayes, "weekly standard." a.b. stoddarde, associate editor of hill. and kirsten powers from daily beast. she sat down and said i'll get all the e-mail. i'm in charles krauthammer's chair. yom kippur ends at sunset. >> the empty chair. >> left it in his honor. >> bret: what about today on his trail? ohio, the importance. >> ohio is crucial. if you look at the polls there is so much discussion of the polls, conservatives who believe that democrats are oversampled none are trustworthy. you have the main stream medi media. the truth is in between. it's clear that many polls are oversampling and they look more like 2008 turn-out than we would expect. this applies to ohio and nationally as bell and see they are showing momentum in president direction. he picked up support among independents in the poll. good gauge to tell which way the trends of the race. and in this gallup poll, it's registered voters right now. it had been even. romney cited it on the stump and showed one of two polls tied. today it was 50/44 for president obama. i think ohio cer
CNBC
Sep 27, 2012 9:00am EDT
across the pond on spain. steve sedgwick is in madrid with the very latest. steve. >> reporter: yeah, melissa, thanks very much. a lot of the points you guys just mentioned, very true. we've got an economy in recession, high employment, a vicious housing market which unlike the u.s., which is stabilizing as we just heard, it's still got a couple years till we get to the bottom. we're only down about 25%, some say it needs to be double that before we see stability. the banking crisis, you mentioned as well, and also i think what is the key point as well, task masters. there are task masters everywhere. they're bond markets who want to see vicious reform in austerity if investors are going to buy those bonds. northern europeans, germans and brussels who want to see strenuous action from the government in order to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the p
FOX
Sep 26, 2012 4:00am PDT
on this wednesday, september 26th i'm pam cook. steve paulson matching me in pink this morning. how is the weather? >> i got the memo. we do have really quiet pattern. there is some fog there. yesterday though temperatures kind of settled in. 60s and 70s and 80s. guess what we are carrying yesterday right into today. here is sal. >>> steve, good morning. traffic is doing pretty well around the bay area as we go to some of the live pictures. you will see the traffic does look good on the san mateo bridge. it's a nice drive all the way over to the peninsula. also this morning we are looking at interstate 880 in oakland and that traffic is off to a good start. let's go back to pam. >>> only on 2 san jose police seize dozens of pot plants from a business on charter park drive. ktvu channel 2 reporter janine de la vega is on the scene where she just talked to police about this raid. >> reporter: that is right if you take a look here the sign says online furniture isbuy.com. if you look through the windows you can see a desk and flowers in there. that appears to be a front for an indoor marijuana grow.
NBC
Sep 26, 2012 4:30am EDT
stage. nbc's steve handles men reports from new york. >> reporter: president obama aimed his u.n. speech at american voters and at most muslims who he said do not hate. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the u.s. diplomat who loved libya but who was murdered there. his u.s. consulate in benghazi burned. >> there are no words that excuse the killing of innocence. there's no video that justifies an attack on an embassy. >> reporter: there was no sympathy from the president, but he called for a deeper look into the root causes of anti-u.s. muslim rioting and demanded muslim leaders do more now. >> it is time to marginalize those who, even when not directly resorting to violence, use hatred of america or the west or israel as the central organizing principle of politics. >> reporter: iran's president, ahmadinejad, called for elimination of israel. >> make no mistake, a nuclear armed iran is not a challenge that can be contained. >> reporter: israeli prime minister netanyahu publicly pushed president obama. he didn't. >> america w
NBC
Sep 28, 2012 4:30am EDT
. they are neck in neck in nevada and carolina. nbc's steve handelsman has more. >> reporter: ten miles from the pentagon in springfield, virginia, mitt romney spoke to veterans blaming president obama for the agreement with republicans to slash defense spending if there's no budget deal by january 1st. >> and the idea of cutting our military commitment by a trillion dollars over this decade is unthinkable and devastating. >> reporter: romney's polls in this battleground state look potentially devastating. he's trailing by 3 to 7 p ers percent. romney backers like dave milne are worried. >> he has to get a little more fire in the belly. >> reporter: more romney the businessman suggests soccer mom monica camera. >> he needs to bring up the economy. >> reporter: president obama was in virginia pushing an elitist image of romney in a tv ad to run here putting faces on the 47% of americans romney says he sees as dependent on government. >> i see hard working virginians, i see students trying to work their way through college. >> reporter: the president was with students who typically pay no inco
CNBC
Oct 2, 2012 9:00am EDT
, if steve jobs were alive, would he fire tim cook? we'll explore that idea in our boss segment. and we'll go from ford to gm to chrysler with one of the best septembers in years. >>> and we'll take one more look at futures on this tuesday morning after that rally that did happen on the monday that got chopped in the street. '"squawk on the street" will be back in a minute. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 depos
CNBC
Sep 26, 2012 12:00pm EDT
that and very few like in the high 18s now except for kb home. >> a proper squeeze, absolutely. steve. >> i hear your premise to the other ones that short interest, just off the board. what about a quote, unquote, safety bet in the home builders? what about a toll brothers with only 7% short interest? would you see money coming back into those once you see everyone out of the other names that seem a little bit unsafe? >> you think they might cover shorts and go into one less crowded? depends to the extent to which they will use the crowding information and all of the company fundamentals. not everybody is pouring over the short interest data every day like we are. we wish they would. that would be a sensible thing to do. >> will, good to see you. thank you for joining us. what do you think, you going to short the babies? >> i don't know that i will short them. as far as the option markets what they're indicating is after the huge run in the upside people are definitely scrambling and maybe because the folks like will are talking about it and maybe the fact it could have a steep fall. when you lo
CNBC
Oct 2, 2012 1:00pm EDT
but next on "power lunch," giving an exclusive to our steve liesman. lael brainard, u.s. undersecretary for international affairs, just ahead. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. >>> too europe now, where there is fresh concern about spain and whether and when it might ask for bailout and if so how big it could be. our next guest is part of an exclusive club and knows probably more about the european crisis and how it's impacting our economy than just about anybody. so how exclusive is her access? look at this picture from the g-20 summit two years ago, lael brainard is the key u.s. representati
CNBC
Sep 27, 2012 2:00pm EDT
's bring in rick santelli and steve liesman. steve, first to you. i say the fed is practicing trickle-down economics. what say you? >> i say you can't have it both ways. my good friend and colleague rick santelli's going to complain that the federal reserve has really hurt savers in this world today, right? okay. so who are the opposite of savers? borrowers. if you're helping savers, you can't be -- you have to be hurting borrowers. so it's actually the other way around. they're hurting savers. they're hurting people who are clipping a coupon. >> no, no, no. if my mortgage is 3,000 a month, right? and then i refi and now it's $2,600 a month or whatever it is. >> right. >> the fed is hoping i take that 400 i've just saved -- >> right. >> -- and exchange it for goods and services that i reckon will at some point trickle down through more moving or whatever. that, my friend, is trickle-down economics. >> but what if your mortgage is $1,000 a month and you just saved $200 a month? you've just helped you who's saving $200 a month. what's wrong with that? why is that trickle-down? >> well,
CNBC
Sep 25, 2012 2:00pm EDT
lately, steve, but don't cheer. why we may need china a lot more than you think. >>> plus, college tuition looking more like a shake down street than the road to riches. the sad stats on just how unprepared american students really are. and are there any deals in the scrap heap of the worst s & p 500 stocks. >> the morning rally is a distant memory on wall street, the dow giving up a 61-point gain and then some to drop into negative territory. the s & p 500 also losing early gains and it is in danger now of a fourth straight losing session, something that has not happened, by the way, in nearly two months. the nasdaq is down for a fifth time in seven sessions, though it still has a nearly 3% gain for the month and 7 1/2% rise for the third quarter that is on its way to a hit. >> all right, mandy, thank you. >>> well, cnbcs aall-america survey was filled with more than just a touch of gray. it was down right confounding. example, the majority of those polled believe president obama will be better for the economy down the road, even though they think it is worse now than it was four
CNBC
Sep 27, 2012 6:00am EDT
greece and spain. it's gotten nasty. let's get to spain and today's budget unveiling. steve sedgwick, we have sent him to madrid. it's quieter today, steve, yes? >> this is where all the action was, the neptune fountain where the last couple of nights, especially two nights ago, we saw such hated action with rubber bullets and you can see a little bit of the barricades behind me which are still in place. same people who organized the disputes over the last couple of days, they are potentially having another one on saturday. and so we'll keep coming back until we get what they want. but they're not necessarily going to get what they want because this rajoy government are talking about cutting budgets across the board. ing a fridand the problem with n is not like greece that's the central government that created all the problems. actually it's the people themselves, the developers, the house owners and banks who basicry took on too much leverage and now the central government is being left to try to foot the bill. they're trying to get the deficit down to 4.5% deficit. quite frankly, that
CNBC
Sep 28, 2012 9:00am EDT
. this is a true gaffe. those who have read the fabulous book would know steve jobs i believe would never put an inferior product in people's hands even if it meant an apple product that he could lay claim to. and this was a major departure. we saw this with microsoft. jobs would make deals with microsoft. he didn't want to make a deal with microsoft but obviously if it was a better product he did it. >> yeah. he did. and people have raised the question as to whether steve jobs was still alive and running the company whether maps would have been released in this state or he simply would have said you stink it stinks you're fired make it better. >> you stink and i don't like you. >> also in the book it was very clear steve jobs had, not had it in for but really watching android, wanting to block that out as a competitor. this was one way of keeping google a competitor off the apple ecosystem and a lot of people on the google side would say dan niles, we talked to him earlier this week, said know what? being locked out of apple ecosystem is not good for google so maybe it was driven by that. a
CNBC
Sep 28, 2012 6:00am EDT
come one day after spain announced its 2013 budget and steve sedgwick will be joining us live with more on all of that in just a few minutes. france is also announcing its budget plans today. president hollande said that the budget will be the toughest in 30 years. government needs to find about $39 billion of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quar
CNBC
Sep 25, 2012 3:00pm EDT
oz, maybe. apple co-founder steve wozniak wants to become an australian citizen. he says he loves the country's broadband network so much he wants to become a citizen. >> dubious reason, but nonetheless i do applause his thoughts on the matter. i have an idea. i'm going to become the american on the show. woz can play the ozzie. >> thanks for watching, everybody. >> "closing bell" is coming up next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo. today coming to you live from cnbc headquarters. >> yeah, i love what they did with the place. i'm bill griffeth. c.a.t. is the plaitest multinational after fedex to warm a weak economy is going to hurt their future products. that's been resonating with some investors. we're going to dig into what this all means for investors in just a moment. >> first, let's look at how stocks are trading now as we enter the final stretch. the dow industrial down at the lows of the day as we approach the end at 13,513. we have a decline in the session, about 45 points. nasdaq also weaker. it's too sitting at the low
FOX
Sep 27, 2012 4:00am PDT
for joining us this morning september 27th, steve paulson is with us, what is going on? >>> it is leading up to what could be and should be a warmup over the next couple of days but by the coast we are dealing with a lost clouds and fog but it is 90 degrees. here is sal. >>> we are going to take a look at live pictures and traffic is doing well and also on the 580 interchange. that traffic looks good on the high-rise, let's go to pam. >>> an occupied camp at the federal reserve bank, christian captain is there now as city crews took a fence to block them. >> reporter: for the first time the streets around the federal reserve are unoccupied and you can see those crowds are replaced by a fence. this is a new development, you can see some of the occupied protesters are starting to trickle back and return to this site and as we look further to our left, you can actually see there is a strong police presence here in san francisco. police moved in around 11:30 just as the encampment was settling down for the evening. they issued a final order for two dozen protes
FOX Business
Oct 2, 2012 11:00am EDT
phone. dennis: new york giant steve weatherford not just hunting with the comes to investing is money and take a look at the s&p winners and losers. dennis: more about getting our corporate e-mail on our smart phones appeared be careful, the boss may be spying on you. hedge fund buying up homes and renting them out. should you follow their lead? tracy: it is 30 past the hour. time for stocks now as we do every 15 minutes. nicole: it is so interesting only talk about retailers. back to school. hiring for the holidays. let's talk about some names in the retail industry. express. look at expressly found 2021%. express came out and basically that their quarter is not going as well as they had hoped. traffic patterns have changed. that almost means there is no traffic, nobody shopping, what is going on? these retailers are coming under pressure. let's take a look here at the major market averages. the nasdaq and doesn't be slightly lower. dennis: is your boss spying on your smart phone? you need to hear what our next guest has to say about that. we have a principle analyst from forrester r
KCSMMHZ
Oct 1, 2012 2:30pm PDT
with his victory over steve stricker. >> team europe chipped, drove, and putted their way into the history books. the americans inched back into the game, but europe's justin rose was quick to strike back. jose maria olazabal summoned the golf gods as kaymer stepped onto the green. >> jose maria told me we need your point. i do not really care how you do it. just the letter it. -- just deliver it. it was very straightforward. that is the way we germans are. for chile, i could handle it. and i made the last -- fortunately, i could handle it and i made the last putt. >> this will go down in the history books of the ryder cup. it was a huge comeback, and i am really happy for these 12 wonderful men. >> team europe has reason to celebrate. the ryder cup remains in europe for now. in 2014, the two teams meet again at gleneagles in scotland. >> thanks for watching. don't go away.
MSNBC
Sep 27, 2012 5:00am EDT
-raiser cost between $500 and $5,000. >>> steve harvey will tapen episode today at nbc in chicago with first lady michelle obama r hew t tal show. he says he is honored. the interview will air next wednesday. >>> and bill clinton told cnn he can't be president in the u.s. again but he does have other options. clinton says because of his irish heritage, he would be elle runorsint in ireland. since his home state of arkansas was part of the french empire before the louisiana purchase, he could run for president of france. but his french is so bad that he asys "within a week i'd be anhar morning dish of "scrambled politics." >>> and now here's your "first look" at how wall street is going to kick off the day. the dow closed at 13,413 after falling 44 points yesterday. the s&p 500 lost eight. nasdaq was down 24. >>> tang aoo a overseas trading this morning in, tokyo, the nikkei gained 43 points, hong kong, the hang seng jumped 234. >>> mixed housing data and unrest in europe extended the s & p's losing streak on wednday. e anriceneme son stey a record amount. however, sales of new homes dipped s
CNBC
Sep 28, 2012 12:00pm EDT
as we move through the session. let's bring in steve leaseman. not a lot of big surprises here. >> the market reaction might be a surprise. how many times have you and i been here with europeans disclosing what they say is the final final accounting and nobody believes them. so it's very early to say. but the question has to be asked on this discussion, in my opinion. are we at a point where the market might finally begin to disclosures of a european bank supervisor that now we're accounting for it? there's two parts to the equation. we have a means for making it up. fascinating article. europe needs to have a bank bailout like we had in the u.s. get the banking system going again, you need to plug it with public money. so the question becomes, and i know this is early, but it's what you have to figure out. does the market believe this number, this process? which by the way, was done by an independent consultant and it's something they can stand behind that puts the totality of the problem outdomain. >> acknowledging you have a problem is the first step. the question is who pay
FOX Business
Sep 27, 2012 3:00pm EDT
and the accordion summit in the next few minutes. when we come back, steve comes back and he will tell you where the latest investments are headed and how you can get ahead of the trend. we will be right back. >> announcer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal info to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every year, millions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. this is identity theft and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection, period services may take 30 days to alert you. lifelock's 24/7 proactiv
FOX Business
Sep 25, 2012 11:00am EDT
one may soon be headed down under. steve wozniak telling a newspaper that he wants to gain dual citizenship with australia partially because of its planned national broad band network. he cofounded apple with steve jobs in 1976. connell: of all the reasons; right? dagen: i could list 20 reasons why i would move to australia. that wouldn't be one of them. again, like, i might be a nerd but i have nothing on woz. connell: we're talking all the time -- dagen: i get annoyed when the sun goes behind the clouds. connell: thanks for that. we talk all the time about taxing the rich, on and on, but forget about taxing the rich in this country. hillary clinton wants to go after the wealthy all over the world. see what the judge, judge napolitano thinks about that coming up. dagen: the u.s. navy is shrinking as china's is growing. take a look at the oil market. we will talk about where oil is headed. connell: let's go back to nicole. quarter past the hour and stocks now every 15 minutes. talking about staples. nicole: that's right. when you talk about a retailer, i mean the story should be
CNBC
Sep 25, 2012 12:00pm EDT
pads. the ecosystem is why i like apple. ail throw this out there. apple right now is still moving on what steve jobs put together. when you get out, a few more years, supposedly steve jobs had a five-year plan. two years, three years down the road, i think then it's going to be really interesting to see what type of innovation apple can put out there. for right now, long apple. >> like the soviet union, the five-year plan. guy, what would you do here? i look at google. it's not moved clearly as much as apple. why not go for -- would that be a valuation play? >> so, if you flew from mars, today's the first day here, what stock do you pick? i go google because i think it has tremendous movement behind it. mark ma hhaney, $850 price targ on it. while i think apple can trade sideways for a while to sortly higher, i think google is in that unabated move further so i say goog. >> this two-day pullback have you shaking in your boots? >> the only reason they missed anybody's imaginary sales target is because there's not enough of what they need to build these things. i like both. i know that's not the answe
CNBC
Sep 25, 2012 5:00pm EDT
with apple remains the fact that steve jobs is obviously no longer with the company and i'm a little concerned about the longer term vision of the company, but in the short term, not much concern. >> okay. darren, thanks for coming by. we appreciate it. portfolio manager of the jacob internet fund. let's head back to ec, watching another big tech company that has had some big moves today. >> dell continues to hit new lows. it's been down four of the last five trading sessions. evercore cutting its price targets on shares of dell, highlighting the weakness that we're seeing in the pc market. that continues to be the big overhang on the stock. >> all right, thank you very much. >>> we were talking google. we were talking cena. we were talking apple. >> to finish up apple, the 20 moving days major. guys are talking about the 90-degree price action from the highs. this is the kind of move that indicates there's a lot more to go. >> the breach of a 20-day moving meaning that it's losing short-term momentum. >> in addition to that, the severity of the move just off the high is a major reve
CNBC
Sep 26, 2012 3:00pm EDT
? on the technical side, ennis tanner. on the fundamental side, steve cortez. good to have you on the program. thank you so much for joining us today. ennis, let's talk charts. which stock looks better? >> so let's look at barnes & noble first. normally i like to buy strength and sell weaknesses. barnes & noble over the last four years has been between $10 and $25. $10 has been strong support. book value is around $12. i think this is an important support level. i expect barnes & noble to bounce off of that important $10 support area. in contrast, amazon, i think, is at an entry point that's much more dangerous. amazon has been in a much stronger four-year up trend. the four-year chart of amazon from 2008 to 2012 is basically a great bull market. >> good looking chart. >> very good looking chart. normally i'd like this. in the last year, it really has encountered resistance at 250. i think this is a much riskier entry than barnes & noble. >> so you're not of the belief that when a chart is looking this good that it continues to go up. >> normally i do like to buy strength and sell weakness. in this
CNBC
Sep 27, 2012 4:00pm EDT
. >> but the analysts fears came back. >> hold on one second, steve. can we bring up this chart? the s&p and the dow? something just happened. i don't know what it is. we've had a sharp move. >> was the news out of spain really that good? how should you be setting up for q 4. the traders are pulling out all the stops to find your trade. >> hold on, steve. >> karen is hitting the mall for a retail bargain while josh has his eye on the trades. fresh off the trading floor, this is ""fast money.""
CNBC
Sep 27, 2012 5:00pm EDT
. >> steve is making the point here with the three days of declines prior to today that apple stock actually factored in those supply disruptions already. >> no doubt about it. supply disruptions, we knew that this was going to be a big ramp and they were launching it out in a lot of other areas than they had in the past. they needed a lot more products. the demand will be there. at the end of the day i think the focus is going to be on how much an upgrade this is. people who bought the 4s last year, how much of an upgrade is this. the expectations got out of control heading into this opening weekend. >> right. >> to testimonier the expectations going into the holiday season. >> you can probably -- on a relative basis to other analysts on street, maybe steve milanovich is a bear. he's still optimistic about apple in general, when i asked him about lowering the shipments by 6 million, i asked if that would be simply booked in the next quarter. he said not necessarily. but there is a risk, he believes, that those people do actually go to a samsung product. >> i suppose there is a risk for sure
CNN
Sep 25, 2012 4:00pm PDT
they add up. >>> and apple co founder steve wozniak wants to move to australia. he wants to become a citizen. we'll tell you why. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> we start the second half of our show with stories we care about, we focus on the front lines. here's one for you. self-driving cars are now allowed on california roads. governor jerry brown signed a bill today that sets up regulations and guidelines to test driverless cars. brown signed it at google headquarters. google has been a big supporter of the self-controlled cars. google co founder sergey brin says he hopes people will be able to use this technology in the next few years. he find that terrifying. actually, no, so many people are terrible drivers, maybe this m
CNN
Sep 25, 2012 8:00pm PDT
listed them out. so we're going to ask whether they add up. >>> and apple co founder steve wozniak wants to move to australia. he wants to become a citizen. we'll tell you why. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache,
CNN
Sep 25, 2012 11:00pm PDT
out. so we're going to ask whether they add up. >>> and apple co founder steve wozniak wants to move to australia. he wants to become a citizen. we'll tell you why. beeping camera ahhhh drill sound chirping electric shaver shaking remote tapping sound shaking drill chirping tapping shaking remote wouldn't it be great to have one less battery to worry about? car honking irping the 2012 sonata hybrid. the only hybrid with a lifetime hybrid battery warranty. from hyundai. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our count
NBC
Sep 26, 2012 5:00am PDT
reported. >> it's 5:50 now. apple co-founder steve wozniak wants to become an australian citizen. >> plus, using smart phones to open doors. we'll show you how it works coming up. those three little words: chevron with techron. care for your car. progresso. your new light creamy potato with bacon & cheese soup says it's 100 calories a serving. that's right. in what world do potatoes, bacon and cheese add up to 100 calories? your world. my world. ♪ [ whispers ] real bacon...creamy cheese... [ whispers ] 100 calories... say it again... [ whispers ] 100 calories... ma'am, hello? ma'am? [ female announcer ] find progresso light for a great price today at your local safeway store. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver. only
CNBC
Sep 28, 2012 1:00pm EDT
schmidt. get over this whole thing. i earlier said steve jobs would never apologize. in fact steve jobs apologized in the past. five years ago he apologized when he cut the price of the iphone back then $200 after it had only been out a few months. he apologized to the original buyers. apologies from the ceo at apple are not completely unheard of. >> what do you think, rob snert. >> my favorite tweet that's been out there. if you've ordered an iphone 5 shipment are being delayed because apple is forcing everyone to use apple maps to deliver them. that's what's going to be happening here. they'll get it together in the though.n it's going to take google's got a big head start. >> i postponed transferring over to the new operating system. >> me, too. >> i haven't bought mine yet. i'm in the clear. i'll get back to hq all by my little self. >>> 35 years after his disappearnce, a lot of folks still want to know apparently where jimmy hoffa's body might be buried. giants stadium, perhaps? a florida swamp? or as new reports indicate under a driveway in suburban detroit. now bob i'm going to s
CNBC
Sep 26, 2012 2:00pm EDT
's own steve sedgwick in madrid. what's the situation on the ground? >> yeah. on the ground in this part of madrid we are just waiting to see if we see a recurrence of the violent scenes we have seen in the last 24 hours. scenes i have seen too much in greece and basically people are protesting against the kind of austerity that we know has to come if this country will get itself back on its feet. the austerity bill gross was talking about in order to reassure the markets and those euro zone partners that spain is serious about getting the budget under control. this is a government that's struggling to bash a mole, so to speak. it bashes one problem, another comes up. if it bashes the banking sector then catalonia or andalusia comes up again. we heard how severely this could affect the population. it's a population that isn't worried about recession. the economy has contracted double digits since 2008. we are in the midst of an enormous housing crisis. that's how we got into the big mess in the first place. the austerity may well please the markets. it may please the germans, but you can
CNBC
Sep 25, 2012 9:00am EDT
. would steve jobs have taken out a superior product and put in an inferior product? >> sounds like you're turning a bit on the google/apple front. >> apple is an investment. if you said to me right now, which would you buy? i think that google has a lot more things going for it than i thought have thought. i think that the map really crystallized things reminding people to think, google is a good company. >> meantime, barry diller speaking out on social company this is morning on "squawk box." we asked the media mogul about their evaluations. >> when you look at a groupon or some of the other stocks -- >> they are all overvalued. >> all overvalued? >> sure they are. >> would you own stock in any of these companies, including facebook, by the way? >> first of all i don't own stocks other than the ones i'm engaged in. so, yeah, if i were a stock-owning person of companies, yeah, sure, i would absolutely buy facebook now. >> intended to give mark zuckerberg a break saying, look, if you're going to sell stock, do it when your shares are high. in this case, happen to be with the ipo came ou
WHUT
Sep 26, 2012 6:00pm EDT
presidential debate. democracy now is produced by mike burke, renee feltz, aaron mate, nermeen shaikh, steve martinez, sam alcoff, hany massoud, robby karran, deena guzder, amy littlefield, martyna nogueira are our engineers. julie crosby, hugh gran, jessica goodarz. and to our camera crew, jon campenni and carlo de jesus. democracy now! i
CNBC
Oct 2, 2012 4:00am EDT
today. meanwhile steve hester has called for banks to readjust back to a more customer focused approach. speaking at the london school of economic, he said lenders need to restore good customer service to regain trust of the public and rbs is the poster child for what went wrong in banking. and eric snyderman is suing jpmorgan. the suit partly the result of a federal mortgage task force formed in january. investors lost around $22 billion and more than 100 securities. jpmorgan says the suit involves actions taken at the behest of the u.s. government. jpmorgan stock closing up 1.2%. and "new york times" says u.s. senate will try to use the lame duck session to reach a comprehend len sif deal to cut the deficit instead of a short term solution. lawmakers will reportedly agree on a specific target likely around $4 trillion over ten years and they would vote to put off the automatic tax hikes and spending cuts set to take effect in january. but with the deficit coming down payment to signal how serious they are. jim, how sdw this get resolved? >> well, i haven't heard that sister, but that'
ABC
Sep 26, 2012 7:00am PDT
. waseem daker called his first witness yesterday. and steve osunsami is covering it from the courthouse. >> what about the stabbing of your son, nick? i'm sorry that i have to ask that, sir. do you need a minute? >> of course, not. >> reporter: in this crowded georgia courtroom, there were more tears tuesday, this time from the ex-husband of karmen smith, the flight attendant police say waseem daker strong med in -- strangled in 1995. he said he had an argument with his ex-wife the morning of her murder. but said he had nothing to do with the attack. >> mr. smith, did you have anything to do with the murder of karmen smith? >> absolutely not. >> reporter: police say daker stabbed her son 18 times. in some wicked twist of revenge against loretta blatz. >> i don't know why you would threaten me. you know you threatened me. and i don't appreciate it. >> maybe you're scared of me. but that you always think i'm going to kill you. i know things to worry about better than you. >> reporter: on tuesday, daker's first full day presenting his defense, jurors heard from his witnesses for the first
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